$1,460,000
SOLD MAY 21, 2025

9203 Chaney Ave Downey, CA 90240

6 Beds
4 Baths
2,068 Sq Ft
7,907 Sq Ft Lot

Recently Sold

$706 Per Sq Ft

9% Below List Price

47 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Laundry Room
  • Downey High School Rated A
  • Ductless Heating Or Cooling System
  • Landscaped

About This Home

As of May 2025

Welcome to 9203 Chaney – A unique opportunity to own a meticulously designed estate that offers the best of both worlds: flexible multi-generational living or a smart investment strategy to offset your mortgage. This property features two beautiful full-size homes on a spacious .18-acre lot, providing both comfort and versatility for your family’s needs or your investment goals. The front house is a 3-bedroom, 2-bathroom modern farmhouse, featuring sleek Euro-style cabinetry, high-end porcelain finishes, and brand-new appliances. With its open, functional layout and modern design, it offers a perfect space for daily family living or hosting loved ones. The rear house, built in 2024, is a 3-bedroom, 2-bathroom modern coastal-style home, complete with smooth stucco, multi-zone climate control, Low-E windows, and energy-efficient features. Both homes are designed with high-end finishes and spacious floor plans, offering the privacy and independence that is ideal for multi-generational living. Whether you're looking to bring multiple generations together under one roof or seeking a property that can help offset your mortgage, this estate delivers. The two homes on one lot offer flexibility—live in one while renting out the other or enjoy a fully integrated family living experience with private spaces for each generation. The lot also offers room for future expansion, or even the addition of a pool, allowing you to personalize the property to suit your needs. Located in a sought-after, high-demand, high-value rental market, 9203 Chaney is not just a home, but a smart investment in your family's future. With a newly poured driveway and an eye-catching glass-and-metal garage door, the property is both inviting and modern, offering long-term value and immediate comfort. Whether you’re seeking a home for your growing family or an investment property to build wealth, 9203 Chaney is designed to meet your needs. Schedule a tour today to see how this property can work for you!

Last Agent to Sell the Property

Joshua Glaz

The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 02/05/2025

Last Buyer's Agent

Joshua Glaz

The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 02/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,778

Year Built

  • Built in 1951 | Newly Remodeled

Lot Details

  • 7,907 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR17500*

Parking

  • 1 Car Garage

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 16843
  • Assessor Parcel Number 6389006022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,778

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 749500
  • Property Attached: No
  • View: No
  • Zoning: DOR17500*
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 6389006022
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground Floor
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 706.00
  • Room Type: All Bedrooms Down, Family Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Level
  • Lot Size Sq Ft: 7907.00
  • Lot Size Acres: 0.1815

Multi Family

  • Average3 Bed Area: 1034 Square Feet
  • Gross Income: 7000.00
  • Gross Scheduled Income: 84000.00
  • Lot Size Area: 7907.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5505.02
  • Tax Lot: 86
  • Tax Tract Number: 16843

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
May 15, 2025
Sold by
Budiman Andrew and Budiman Amelia Miranda
Bought by
Martinez Madeleine Tara Taha
Seller's Agent
Joshua Glaz
The Ave
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,599,000
Sold Price
$1,460,000
Premium/Discount to List
-$139,000
-8.69%
Views
9085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.30%
Original Mortgage
$1,168,000
Outstanding Balance
$1,165,931
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$280,009

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 16, 2022
Sold by
Winter Marjorie E
Bought by
Winter Thomas
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Joshua Glaz
The Ave
List Price
$700,000
Sold Price
$822,000
Premium/Discount to List
$122,000
17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Original Mortgage
$616,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2022
Closed on
Feb 14, 2022
Sold by
Marjorie F Winter Living Trust
Bought by
Budiman Andrew and Budiman Amelia Miranda
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Joshua Glaz
The Ave
List Price
$700,000
Sold Price
$822,000
Premium/Discount to List
$122,000
17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,460,000 Socal Title Company
Grant Deed -- Socal Title Company
Deed -- --
Grant Deed $822,000 New Title Company Name
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,168,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $616,000 New Conventional
Previous Owner $12,000 Credit Line Revolving
Previous Owner $70,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $1,460,000 -2.6% $706 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $1,499,000 -6.3% $725 / Sq Ft
02/05/2025 02/05/25 For Sale $1,599,000 +94.5% $773 / Sq Ft
03/16/2022 03/16/22 Sold $822,000 +17.4% $724 / Sq Ft
02/15/2022 02/15/22 For Sale $700,000 -14.8% $617 / Sq Ft
02/08/2022 02/08/22 Off Market $822,000 -- --
02/02/2022 02/02/22 For Sale $700,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,778 $872,311 $697,850 $174,461
2024 $10,778 $855,208 $684,167 $171,041
2023 $10,371 $838,440 $670,752 $167,688
2022 $1,125 $63,002 $36,465 $26,537
2021 $1,079 $61,767 $35,750 $26,017
2019 $1,053 $59,938 $34,691 $25,247
2018 $932 $58,763 $34,011 $24,752
2016 $885 $56,484 $32,692 $23,792
2015 $871 $55,636 $32,201 $23,435
2014 $841 $54,547 $31,571 $22,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25026414

California Regional Multiple Listing Service (CRMLS)

APN: 6389-006-022